Al-Hwaij Discusses Return of Turkish Companies to Libya


The Libyan Minister of Economy and Trade, Mohamed Al-Hwaij met with several prominent Turkish businessmen. They discussed the return of Turkish companies to Libya, in line with the government’s action plan.

The meeting was attended by the Libyan-Turkish Business Council President, Mortada Karnafil, the Consul General Salah Al-Din Al-Kassah, and the Commercial Attaché at the Libyan Consulate General in Istanbul, Omar Derhoub, according to a statement issued by the Ministry of Economy.

The statement highlighted the “stability that Libya is currently experiencing, and the fact that the Libyan economy is the fastest-growing Arab economy in 2023.”

During the meeting, Al-Hawij emphasised that the “revitalization of the Libyan economy lies in achieving cooperation and integration with the private sector and international participation.”

The Minister stressed the need to hold a meeting in the near future in Libya that includes Turkish companies, the General Union of Chambers of Commerce, Industry, and Agriculture, the Libyan Business Owners Council, the Libyan Industry Union, and relevant entities to discuss opportunities for cooperation and investment.

On Thursday, the Libyan-Turkish Businessmen Association revealed details of a meeting with mayors of municipalities in the southern region. They discussed proposed projects, while the Turkish Embassy announced the organization of an exhibition for exporting Turkish products in Benghazi at the end of this month.

On Thursday, Karanfil spoke about a meeting held with a delegation from the Turkish Businessmen and Industrialists Association (MUSIAD), from the Konya province a week ago with Deputy Prime Minister, Ramadan Abu Jinnah.

Karanfil stated that Abu Jinnah invited mayors of municipalities in the southern region to the meeting. He added that “the Turkish delegation was welcomed warmly, and serious projects were discussed. We evaluated the trade route from the south to sub-Saharan Africa and other issues.”

Karanfil mentioned that more than 20 mayors attended the meeting, and the Mayor of Al-Marj city confirmed that “Libya’s development will be with Turkey.” He further affirmed that they have been operating in Libya for 35 years, describing the country as “a fertile place for investment.”